Introduced January 28, 2026
SB129
Log in to followAN ACT relating to unemployment insurance.
Amend KRS 341.243 to change the employer's contribution rate to the service capacity upgrade fund; of the rate subtracting .075% until December 31, 2026; provide that beginning January 1 2027, the rates shall be adjusted by subtracting 0.0115%; require the secretary of the Education and Labor Cabinet to set the adjustment percentage annually to be effective January 1 of each subsequent year, not to exceed 1.025%.
In effect since July 15, 2026
Acts from the 2026 Regular Session that don't carry an emergency clause or set their own effective date took effect 90 days after the session adjourned (Ky. Constitution § 55).
Plain-language summary
This bill changes the formula used to calculate how much employers pay into a state fund connected to the unemployment insurance system. Through the end of 2026, a specific rate reduction applies, and starting in 2027, a different adjustment takes effect each year, set by a state cabinet official within a defined limit. Who it may affect: employers who pay into Kentucky's unemployment insurance system.
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Legislative History
Primary Sponsor
Mike Nemes
Senator · Senate District 38
Co-sponsors (1)
Gex Williams
Senator · Senate District 20
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